“Dear participants of today’s conference! Allow me to welcome you, to thank for the fact that you have responded to the invitation and are present here today. This is the second KDR Roundtable, with last year’s event being held under the slogan "we will not drill uneconomical wells"

We will not drill uneconomical wells that are unecomical at the project level, and the motto of today's conference is “do not to drill unecomical wells at the project level”.”

With the second ­largest oil reserves as well as the second ­largest oil production among the former Soviet Republics after Russia, Kazakhstan is at the forefront of the oil and gas sector in the Caspian region. The 2nd KDR, Kazakh Drilling Roundtable, took place in Astana on the 16th of September 2016. It was fully supported under the Platinum Sponsorship and General Event Partnership of JSC NC KazMunayGas. The KDR was a great opportunity for operators and service companies to share knowledge and experience and develop a better understanding of the technology challenges faced by the industry.

As the a planned series of specialized roundtable, oil and gas events, to be held in Kazakhstan in association with JSC NC KazMunayGas, the KDR sets benchmarks for the future development of the industry and allows international companies to build long lasting business relationships with the key players in the Kazakh Oil and Gas sectors.

The KDR is an oil and gas event in Kazakhstan which is designed to specifically target the well construction industry.

KDR 2018 News

Located in the Kazakhstan sector of the Caspian Sea, the Kashagan field with approximately 9-13 billion barrels of recoverable oil, known as the world’s largest discovery in the past four decades, has achieved stable production since October 2016...

Hardbanding Solutions is conducting a survey of companies, who own drill pipe in Russia, in order to better understand the current trends and regional operational activities regarding pipe inspection and repair...

Baker Hughes Incorporated and General Electric Company (NYSE:GE) today announced the executive team that will lead Baker Hughes, a GE Company upon closing of their proposed transaction to combine GE’s Oil & Gas business with Baker Hughes...

DuoSeries LB 475 is the new radiometric density system from Berthold especially designed for the hydraulic fracturing and cementing industry. The measuring system DuoSeries stands out by a particularly excellent performance with high accuracy and repeatability of density...

Kazakh state oil company KazMunayGas (KMG) said on Wednesday it plans to sell 50 percent of its stake in the Kashagan oilfield to the sovereign wealth fund Samruk-Kazyna and use the proceeds to reduce its debt...

Total is on the acquisition trail again. Its US$7.5 billion purchase of the oil assets of shipping group A.P. Møller-Maersk, announced on August 21st, is a change both from its recent strategy and those of its super major peers...

JSC KazMunaiGas Exploration Production announces its operating results for the year 2016. Overall, KMG EP, including its stakes in Kazgermunai, CCEL and PetroKazakhstan Inc., produced 12,154 thousand tonnes of crude oil...

Condor Petroleum Inc., a Canadian based oil and gas company focused on production and exploration activities in Turkey and Kazakhstan, is pleased to announce it has received a favorable Kazakhstan Civil Court ruling related to the extension...

Tethys Petroleum Limited today announces that Great Wall Drilling Company was the winner of a tender for a ten well shallow gas well drilling program. Tethys now has ten (10) days to sign a contract with Great Wall, the cost of which drilling is expected to be approximately $6 million USD...

Last year was a milestone for Tengizchevroil (TCO), the Chevron-led joint venture operating the Tengiz oil and gas field in Atyrau region, as the company achieved a record-high 28.7 million tonnes in oil production. TCO General Director Ted Etchison reported...

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has successfully completed testing the unique proprietary TMK UP KATRAN premium connection under the Gazprom Scientific and Research Institute of Natural Gases...

Vadim Yakovlev, the First Deputy General Director of “Gazprom Neft” and Lance Marklinger, President of Global Sales for Weatherford International plc, signed a technology cooperation agreement at the St. Petersburg International Economic Forum...

Forum Energy Technologies, Inc. announced today that as part of its continued succession planning process, the company has appointed Pablo G. Mercado to serve as Senior Vice President and Chief Financial Officer effective March 1, 2018...

KBM has been granted an extension of its subsurface use contract to explore, develop, produce and sell oil from the Karazhanbas oilfield for a further period of 15 years commencing from its original expiry date in 2020 by the relevant governmental and regulatory authorities in Kazakhstan...

Industry leaders like US giants Chevron and ExxonMobil, Russia’s LUKoil and China’s CNPC carry out massive oil production operations in Kazakhstan, investing billions of dollars and employing up to 17,000 people across the country

The 2nd KDR, Kazakh Drilling Roundtable, took place on the 16th September 2016, at the Rixos President Hotel in Astana. This unique forum addressed the strategic direction and key challenges faced in the Kazakh Drilling sector...